Market Research Report Video Surveillance Market Size,CCTV Market Growth | Page 8

April 2017
Saudi Arabia Electronic Security Market Outlook to 2021
revenue comes from large institutional contracts from government agencies and
large commercial spaces. Bosch was the second largest player with ~% market share
generating revenue of USD ~ million. It has wide network of seven distributors in
four major cities. Pelco, Axis, Siemens, Avigilon Corporation, Hikvision Digital
Technology Co. Ltd. and Samsung Techwin Co Ltd were some other major
companies operating in Saudi Arabia electronic security market.
Over the years, there was significant increase in the number of hotel rooms in Saudi
Arabia especially in capital city of Riyadh. Integration of different electronic security
devices with other security systems such as video surveillance, access control
systems, and fire alarms which can be monitored, controlled and accessed from
single location is gradually gaining momentum. Users can perform remote
monitoring of integrated security systems through web based devices, enabling
them to self-monitor their systems. Mobile video surveillance has been gaining
increasing acceptance across various industry verticals and residents especially
expats and working professionals.
Government is planning to increase the role of private sector to ~% in economy by
2018 in order to improve efficiency and make its market more open and competitive.
Easing restrictions on foreign lenders, private sector involvement in the financing
and construction of education infrastructure, security for small and medium
businesses, scheduled opening of Riyadh metro in 2019 and Vision 2030 are some
key factors that are expected to boost the market for electronic security devices in
Saudi Arabia. It is expected that revenue generation will increase to USD ~ million in
2021. It is expected that CCTV will continue its dominance in the electronic security
market in Saudi Arabia. Government will continue its dominance as major user of
electronic security devices.
Key Topics Covered in the Report.
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Value chain analysis
Role of consultants and system integrators
Decision making matrix
Saudi Arabia electronic security market size by revenue, 2011-2016
Saudi Arabia Electronic Security Market segmentation by type of product and sub-
segmentation by technology and by application
Market Share of Major players in Saudi Arabia Electronic Security Market
Rules and regulations in Saudi Arabia Electronic Security Market
Major Trends and developments
Future Outlook to Saudi Arabia Electronic Security Market
Analyst Recommendation
KSA Building Automation Market
System Integrators Market Saudi Arabia
Fire Alarm System Market Trends
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